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QUARTERLY INFORMATION (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2012
QUARTERLY INFORMATION (Unaudited) |
Schedule of quarterly financial information | Segment results by quarter for 2012 and 2011 are listed below (in millions, except per-share amounts):
|  | 2012 |
|  | Q1 |  | Q2 |  | Q3 |  | Q4 |
Revenue: |  |  |  |  |  |  |  |  |
Ocean transportation |  | $ | 279.5 |  | $ | 299.5 |  | $ | 307.1 |  | $ | 303.7 |
Logistics |  | 86.6 |  | 94.7 |  | 94.3 |  | 94.6 |
Total operating revenue |  | $ | 366.1 |  | $ | 394.2 |  | $ | 401.4 |  | $ | 398.3 |
Operating Income (loss): |  |  |  |  |  |  |  |  |
Ocean transportation |  | $ | 5.8 |  | $ | 31.2 |  | $ | 32.9 |  | $ | 26.7 |
Logistics services |  | 0.3 |  | 1.3 |  | 1.3 |  | (2.8 | )
Total operating income |  | 6.1 |  | 32.5 |  | 34.2 |  | 23.9 |
Interest Expense |  | (2.0 | ) | (1.9 | ) | (4.0 | ) | (3.8 | )
Income From Continuing Operations before Income Taxes |  | 4.1 |  | 30.6 |  | 30.2 |  | 20.1 |
Income tax expense |  | 2.1 |  | 15.3 |  | 11.2 |  | 4.4 |
Income From Continuing Operations |  | 2.0 |  | 15.3 |  | 19.0 |  | 15.7 |
Discontinued Operations(1) |  | 1.4 |  | (7.5 | ) | 0.1 |  | (0.1 | )
Net Income |  | $ | 3.4 |  | $ | 7.8 |  | $ | 19.1 |  | $ | 15.6 |
Income From Continuing Operations |  |  |  |  |  |  |  |  |
Earnings Per Share: |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.05 |  | $ | 0.36 |  | $ | 0.45 |  | $ | 0.37 |
Diluted |  | $ | 0.05 |  | $ | 0.36 |  | $ | 0.45 |  | $ | 0.37 |
Net Income |  |  |  |  |  |  |  |  |
Earnings Per Share: |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.08 |  | $ | 0.18 |  | $ | 0.45 |  | $ | 0.37 |
Diluted |  | $ | 0.08 |  | $ | 0.18 |  | $ | 0.45 |  | $ | 0.36 |
|  | 2011 |
|  | Q1 |  | Q2 |  | Q3 |  | Q4 |
Revenue: |  |  |  |  |  |  |  |  |
Ocean transportation |  | $ | 238.4 |  | $ | 274.3 |  | $ | 281.4 |  | $ | 282.1 |
Logistics |  | 91.3 |  | 103.1 |  | 99.2 |  | 92.8 |
Total operating revenue |  | $ | 329.7 |  | $ | 377.4 |  | $ | 380.6 |  | $ | 374.9 |
Operating Income (loss): |  |  |  |  |  |  |  |  |
Ocean transportation |  | $ | 5.2 |  | $ | 27.1 |  | $ | 28.9 |  | $ | 12.5 |
Logistics services |  | 1.5 |  | 2.1 |  | 2.0 |  | (0.7 | )
Total operating income |  | 6.7 |  | 29.2 |  | 30.9 |  | 11.8 |
Interest Expense |  | (1.9 | ) | (1.9 | ) | (1.9 | ) | (2.0 | )
Income From Continuing Operations before Income Taxes |  | 4.8 |  | 27.3 |  | 29.0 |  | 9.8 |
Income tax expense |  | 1.8 |  | 9.6 |  | 10.6 |  | 3.1 |
Income From Continuing Operations |  | 3.0 |  | 17.7 |  | 18.4 |  | 6.7 |
Discontinued Operations(1) |  | 2.2 |  | 1.0 |  | (9.7 | ) | (5.1 | )
Net Income |  | $ | 5.2 |  | $ | 18.7 |  | $ | 8.7 |  | $ | 1.6 |
Income From Continuing Operations |  |  |  |  |  |  |  |  |
Earnings Per Share: |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.07 |  | $ | 0.42 |  | $ | 0.44 |  | $ | 0.16 |
Diluted |  | $ | 0.07 |  | $ | 0.42 |  | $ | 0.44 |  | $ | 0.16 |
Net Income |  |  |  |  |  |  |  |  |
Earnings Per Share: |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.12 |  | $ | 0.45 |  | $ | 0.21 |  | $ | 0.04 |
Diluted |  | $ | 0.12 |  | $ | 0.44 |  | $ | 0.21 |  | $ | 0.04 |
(1)See Note 2 for discussion of discontinued operations.

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=20225539&loc=d3e1280-108306 + Details
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